Planet Tracker assessed Corteva’s Climate Transition strategy by analysing its greenhouse gas (GHG) emissions trends from 2020 to 2024 and its alignment with the Paris Agreement.

Key findings:

• Corteva has no current Scope 3 target and has indicated it has no intention to set one.

• Its Scope 1 and 2 target – to reduce emission intensity by 65% by 2030 versus a 2020 baseline – is not currently approved by the Science Based Targets Initiative (SBTi). Historical trends extrapolated forward suggest Corteva is on track to deliver a 44% absolute reduction in emissions over the same period.

• Corteva has questioned the value of engaging with its value chain on emissions.

• Sustainability metrics are included in short-term incentives, but not in long-term executive renumeration.

• Corteva states it intends to meet its Scope 1 and 2 target through operational efficiencies and increased use of renewable energy; however, it provides limited disclosure on the cost of decarbonisation to dater.

In summary, Planet Tracker assessed Corteva as most aligned with a +2.0°C pathway by 2030. Investors should call on the company to provide more detail on its decarbonisation strategy, including costs and timelines, and to incorporate sustainability delivery into long-term executive compensation.